Tradingview best indicator

PaulargePips

Trader
Jul 3, 2024
9
1
8
24
I think this needs some explanation. Do you have description of this indicator (it looks like it's actually a strategy, not an indicator)?
View attachment 28647

This is how it works for me
Use trend filter along side this indicator.

Well, everyone have different approach to the market. One way I think might work for an average technical trader is applying top-down analysis, making this indicator a confluence for entry at preferred timeframe

Note pls..
Do not use the indicator alone, as it can be risky, due to market changes

Thank you, Cheers
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,270
1,515
144
Odesa
www.earnforex.com
This is how it works for me
Use trend filter along side this indicator.

Well, everyone have different approach to the market. One way I think might work for an average technical trader is applying top-down analysis, making this indicator a confluence for entry at preferred timeframe

Note pls..
Do not use the indicator alone, as it can be risky, due to market changes

Thank you, Cheers
But what does it do? What does "-10 SE" mean? Or "LE +12"? Or "-8 LXTP1"?
 

PaulargePips

Trader
Jul 3, 2024
9
1
8
24
But what does it do? What does "-10 SE" mean? Or "LE +12"? Or "-8 LXTP1"?
Well, it shows best entry time and level
And for the -10SE and LXTP1
The 10 is the point in movement while the SE is Sell Entry, and LXTP1 is first take profit

I'm also using it, I'm not the author
 
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